It’s good news for diary giant Fonterra, whose first half net profit is up 8 percent to $729 million, with a revenue growth of 14 percent.

A dividend of 22 cents a share will be paid, and the forecast farmgate milkprice is sitting at a midpoint of $10 a kilo.

What is the message to farmers?

Fonterra Chief Executive Miles Hurrell talks to Tim Beveridge about the result.

LISTEN ABOVE. 

It’s good news for diary giant Fonterra, whose first half net profit is up 8 percent to $729 million, with a revenue growth of 14 percent.
A dividend of 22 cents a share will be paid, and the forecast farmgate milkprice is sitting at a midpoint of $10 a kilo.
What is the message to farmers?
Fonterra Chief Executive Miles Hurrell talks to Tim Beveridge about the result.
LISTEN ABOVE.

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Miles Hurrell: Fonterra Chief Executive on 8% net profit rise, and the hope for dairy to be included in India’s FTA

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/9056ac4d-fd2a-4095-a989-b2a6005b25fd/transcript